A principal can ratify every contract that his "agent" enters.
Correct Answer:
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Q61: Identify each type of agency authority and
Q62: An agent is bound by a fiduciary
Q63: Identify under what circumstances an agent may
Q64: Outline the ways in which a principal
Q65: A principal whose identity is unknown to
Q67: Explain why agency by estoppel forces a
Q68: Identify and briefly describe the implied power
Q69: Briefly discuss the importance of the agency
Q70: Briefly outline how an agency agreement can
Q71: Is fiduciary duty unique to the relationship
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